19/11/14 Market Movements

Market News

The FTSE 100 closed down 12.53 points at 6,696.60. The biggest climber of the day was CRH Ltd, climbing 3.00%. The biggest faller of the day was Royal Mail, falling a massive 8.35%.

Royal Mail warned that rivals were eating into its parcel delivery business, and also said its competition was endangering its government-mandated Universal Service, which delivers to all UK addresses at a guaranteed single price.